Average Physical Therapists Salary in Evansville, IN
Physical Therapists in Evansville, IN, earn an average annual salary of $93,630. This figure is slightly below the national average of $102,240, suggesting a localized compensation structure influenced by regional economic factors and demand. While the nominal salary is lower, understanding the cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $93,630 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $120,430.
- Outlook: The Physical Therapist job market in Evansville, IN, shows a healthy concentration, indicated by a Location Quotient of 1.23, meaning the profession is more prevalent here than the national average. With a local workforce of 270 professionals and 1.977 jobs per 1,000 workers, the demand appears stable and suggests a robust employment landscape for skilled therapists.
Salary Overview
The average Physical Therapists in Evansville, IN earns-8.4%below the national average.
$45
$1,801
$7,803
Physical Therapists Salary Trends (2020-2024)
While specific historical data for Evansville is not provided, it's reasonable to assume that salaries for Physical Therapists in the region have experienced steady growth over the past four years, mirroring national trends. This upward trajectory is typically driven by increasing healthcare needs, an aging population, and advancements in physical therapy techniques, leading to higher compensation.
Physical Therapists Salary Distribution in Evansville, IN
Salary progression for Physical Therapists in Evansville, IN, typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with specialized skills and advanced certifications can command salaries in the upper percentiles. These percentile gaps clearly signify career advancement opportunities and the value placed on expertise within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $71,410 | $34.3 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $70,223 | $33.8 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $97,590 | $46.9 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $117,038 | $56.3 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $120,430 | $57.9 |
Detailed Physical Therapists Market Analysis
Relocation Context
Nominal Salary
$93,630
Gross Pay
Real Wage (Purchasing Power)
$93,630
Adjusted for COL (100)
The average annual salary of $93,630 for Physical Therapists in Evansville, IN, aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of an Evansville-based therapist's salary is equivalent to the national average, offering a stable financial environment where income effectively covers expenses without significant strain.
Job Market Context
270
Total Jobs
1.977
Per 1K Jobs
1.23
Location Quotient
With a location quotient of 1.23, Evansville, IN has a slightly higher-than-average concentration of Physical Therapists roles compared to the national norm.
With a Location Quotient of 1.23, Evansville, IN, demonstrates a higher concentration of Physical Therapists compared to the national average. This suggests a potentially competitive market for new entrants but also indicates a strong and established presence of the profession, offering ample opportunities for experienced therapists seeking specialized roles or leadership positions.
Nearby Job Markets
Nearby Cities for Physical Therapists
| City | Salary | Dist. |
|---|---|---|
| Owensboro, KY Physical Therapists Salary | $95,030↑ 1% | 28 mi |
| Paducah, KY-IL Physical Therapists Salary | $95,180↑ 2% | 88 mi |
| Bowling Green, KY Physical Therapists Salary | $95,480↑ 2% | 92 mi |
| Elizabethtown, KY Physical Therapists Salary | $94,870↑ 1% | 93 mi |
| Bloomington, IN Physical Therapists Salary | $97,240↑ 4% | 98 mi |
Comparing salaries near Evansville, IN
Hiring Physical Therapistss?
Frequently Asked Questions
How much does a Physical Therapists make in Evansville, IN?
The median annual salary for a Physical Therapists in Evansville, IN is $93,630. This typically ranges from $71,410 for entry-level positions to $120,430 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Evansville, IN is 8.4% lower than the national median of $102,240.
Is Evansville, IN a lucrative place for Physical Therapists?
Yes, Evansville, IN offers a financially stable environment for Physical Therapists.The average salary of $93,630 is on par with the national cost of living, ensuring good purchasing power. Furthermore, the higher-than-average concentration of Physical Therapists indicates a strong local demand for their services.
Is Evansville, IN a good place to live for Physical Therapists?
The Cost of Living Index in Evansville, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Evansville, IN?
Some top paying nearby cities include Owensboro, KY ($95,030) and Paducah, KY-IL.
How does the Evansville Physical Therapist salary compare to the national average?
Physical Therapists in Evansville, IN, earn an average of $93,630 annually, which is approximately 8.4% lower than the national average of $102,240.
What is the significance of the Location Quotient for Physical Therapists in Evansville?
A Location Quotient of 1.23 indicates that Physical Therapists are 23% more concentrated in Evansville, IN, than the national average, suggesting a robust local job market for this profession.
Does Evansville, IN have a high cost of living for Physical Therapists?
No, Evansville, IN has a Cost of Living Index of 100, which is exactly the national average. This means the $93,630 salary offers average purchasing power.
How many Physical Therapists are employed in Evansville, IN?
There are approximately 270 Physical Therapists employed in Evansville, IN, with about 1.977 jobs per 1,000 workers in the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 270 employees in the Evansville, IN area with a job density of 1.977 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Physical Therapists • Data source: BLS OEWS 2024 •Jobs in Evansville, IN